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Wednesday, April 16, 2014

Today in stupid from the most incompetent provincial government in Ontario's history

Wynne’s transit plan is gibberish

Doesn’t Ontario’s Liberal government even remember its own press releases anymore?

In 2008, under then premier Dalton McGuinty, the Liberals unveiled a $50-billion, 25-year “Big Move” public transit plan (2008 to 2033) for the Greater Toronto and Hamilton Area (GTHA).

On Monday, Premier Kathleen Wynne promised $29 billion over 10 years (2014 to 2024), with $15 billion going to transit in the GTHA and $14 billion for transit and transportation infrastructure around the province.

So $15 billion of this $29-billion announcement is simply a rehash of the $50-billion commitment the Liberals made six years ago. Except it makes no financial sense.

From the moment she became premier, Wynne said she would need to raise new taxes (“revenue tools”) to meet the province’s $2-billion-a-year new money commitment to pay for the Big Move.